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marketmonetarist.com | ||
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www.soberlook.com
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| | | | | In a fashion similar to what became known as the "Asian Contagion" in the late 90s, the current stress in emerging economies has been spre... | |
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www.manhattancontrarian.com
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| | | | | * It was back at the beginning of February that President Trump launched what I have called his "tariff gambit" - sequential edicts of flat-rate, economy-wide tariffs imposed against various of our trading partner countries. * The process began with February 1 announcements of blanket 10% tariffs on all goods from China, and 25% tariffs on all goods from Mexico and Canada. Since then, in a blizzard of activity, there have been multiple rounds of announcements on this subject: new countries added to the tariff edicts, increases or decreases in the blanket rates applicable to various countries or products, granting of exceptions and exemptions, postponements of announced effective dates, and more. It's more than just about anybody can keep track of. Here is an April 10 chronology from PBS compiling all the various tariff actions issued by the administration up to that time. The sheer speed of the announcements, and lack of direction toward any discernible purpose, are astonishing. * In a post about a month ago on April 8, I expressed extreme skepticism about this gambit. | |
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en.mercopress.com
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| | | | | Moody's Ratings decision last week to lower the US credit rating to Aa1 from Aaa, (the highest investment-grade position) triggered strong reactions and criticisms from President Donald Trump and his political advisor. | |
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www.soberlook.com
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| | | Today's news of a sharp decline in new home sales has left many economists scratching their heads, trying to understand the trajectory of ... | ||
